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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 2/19/2016

LM_XB405
Des Moines, IA                 Fri, Feb 19, 2016                USDA Market News

NATIONAL 5-DAY ROLLING CUTTER COW CUTOUT AND BOXED COW BEEF CUTS
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE - Negotiated Sales - Afternoon

Based on negotiated prices and volume of cow cuts delivered within 0-21 days
and on average industry cutting yields.  Values reflect U.S. dollars per 100
pounds.

                                   Cutter 90%
                                    350#/up
--------------------------------------------------------------------------------
Current-Cutout Value:               $167.59
Change from prior day:              ($0.04)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $209.84        $117.17       ($0.11)
100% lean inside round                      $262.50          $6.09         $0.06
100% lean, flats and eyes                   $259.33          $6.02         
100% lean, S.P.B.                           $258.95         $12.95         $0.01
Chuck Tender                                $254.38          $2.54       ($0.03)
Knuckle                   4-7 lbs.          $236.54          $5.98         $0.06
Tenderloin                2-3 lbs.          $509.33          $2.70         
Tenderloin                3-4 lbs.          $562.47          $4.16         
Ribeye Roll               4-6 lbs.          $260.11          $2.73         
Ribeye Roll               6-8 lbs.          $294.64          $2.18       ($0.06)
Ribeye Roll               8up lbs.          $314.65          $2.30         
Flank Steak                                 $344.75          $1.45         $0.03
Kidney, Edible                               $20.33          $0.09         
Fat, inedible                                $16.92          $0.39         
Bone                                          $3.51          $0.84         
--------------------------------------------------------------------------------
USDA NATIONAL BOXED COW BEEF CUTS - NEGOTIATED SALES   FOB Plant basis
negotiated sales for delivery within 0-21 day period.

CURRENT VOLUME - (one load equals 40,000 pounds)

Boner/Breaker Cuts                 31.00  loads --            1,239,983  pounds
Cutter/Canner Cuts                  0.81  loads --               32,214  pounds
Boner/Breaker/Cutter/Canner        19.64  loads --              785,471  pounds
100% Lean Items                    24.54  loads --              981,508  pounds
Frozen Cuts                         1.47  loads --               58,947  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             24  127,483   $282.46     ($3.11)
112   Rib, ribeye roll, 10-up lbs.            77  167,615   $290.27    ($21.04)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   36,454   $381.80       $3.22
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   52,165   $391.30     ($2.11)
      Chuck, boneless 85%                      5   63,000   $196.51       
120   Chuck, brisket                          29  126,283   $205.42       $0.22
168   Round, top inside, 10-dn lbs.            5    6,483   $238.08       
168   Round, top inside, 10-up lbs.           14   58,792   $242.68       $1.09
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     32  180,022   $276.25       $0.46
169A  Round, top inside c-off, 14-up lbs.      4   13,669   $275.33     ($0.04)
171B  Round, outside round                     5   32,300   $257.16     ($0.20)
171C  Round, eye of round                     26   49,365   $258.43     ($0.18)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.            22  132,212   $206.64     ($2.24)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  32   66,488   $234.32       $4.61
185A  Loin, bottom sirloin butt flap, bnls.   40  103,871   $313.14     ($8.00)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              22   20,341   $295.46     ($8.20)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     7  109,989   $258.77       $2.01
      Inside round - Boxed                    29   38,644   $273.13       $0.84
      Outside round                            7   57,496   $260.09       $0.11
      Eye of round                            24   59,821   $259.61     ($2.37)
      Flats and eyes - Combo                  13  219,381   $259.05       $0.51
      Flats and eyes - Boxed                            
      Striploin                               65  213,483   $377.45     ($0.16)
      S.P.B. - Combo                          16  282,694   $258.95       $0.06
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  105,324   $254.38     ($2.81)
167A  Round, knuckle, peeled                  17   86,117   $236.54       $2.61
190   Loin, tenderloin, 2-3 lbs.              19   40,106   $509.33       $0.81
190   Loin, tenderloin, 3-4 lbs.              27   69,639   $562.47     ($0.24)
190   Loin, tenderloin, 4-5 lbs.             129  192,930   $567.45     ($0.43)
190   Loin, tenderloin, 5-up lbs.             36  101,424   $555.65     ($1.33)
193   Flank, flank steak                     101  106,400   $343.79       $7.04
      Flank, rough                            37   83,531   $230.15       $0.57
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   12,410   $320.35       
112   Rib, ribeye roll, 8-10 lbs.              3   10,945   $295.67       
112   Rib, ribeye roll, 10-up lbs.
112A  Rib, ribeye roll-lip-on, 8-dn lbs.                
112A  Rib, ribeye roll-lip-on, 8-up lbs.                
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.
169A  Round, top inside c-off, 14-up lbs.               
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-up lbs.                       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.                        
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       3    7,685   $358.00       
--------------------------------------------------------------------------------
Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/market-news/livestock-poultry-grain
1530C

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